Economics

In grade 10-12 economics, students learn about business cycles and economic trends. Business cycles are the natural ups and downs in economic activity, consisting of expansion, peak, contraction, and trough phases. Factors like consumer behavior, government policies, and external shocks influence these cycles. Governments use fiscal and monetary policies to manage the economy during different phases. Understanding economic indicators like leading, lagging, and coincident indicators helps predict...

The circular flow model, a topic in economics for grades 10-12, illustrates the continuous exchange of goods, services, and resources within an economy. Households provide factors of production (land, labor, capital, entrepreneurship) to firms through the factor market, receiving income in return. Firms use these resources to produce goods and services, which are then sold to households through the product market. Government intervention occurs through taxes, subsidies, and spending. The flow co...

Economics is the study of scarcity and its implications for the use of resources, production of goods and services, growth of production and welfare over time, and a great variety of other complex issues of vital concern to society.

Get ahead of the game with our Grade 12 Economics Note Set. These colorful notes are the perfect tool to help you prepare for your end of year and take exams. Compliant with both IEB and DBE requirements, and prescribed by ATPS for terms 1 to 4, you will have all the information you need to excel in your economic studies. Don't let the stress of exams get to you, rely on our Note Set to help you achieve your goals.

The Grade 12 Economics Paper 2 : Microeconomics Note Set is an essential study aid for students preparing for their microeconomics exam. These notes are specifically designed for quick review and easy understanding, making them ideal for last-minute plugging sessions. As a grade 12 paper 2 resource, students can expect comprehensive coverage of microeconomic concepts, theories and models. Whether you're struggling to grasp complex economic principles or simply need a refresher, this Notebook is...

The Grade 12 Economics Paper 1 : Macroeconomics Note Set is an essential study aid for students preparing for their macroeconomics exam. These notes are specifically designed for quick review and easy understanding, making them ideal for last-minute plugging sessions. As a grade 12 paper 1 resource, students can expect comprehensive coverage of macroeconomic concepts, theories and models. Whether you're struggling to grasp complex economic principles or simply need a refresher, this Notebook is...

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These are the notes used by a 90% IEB Economics student for all tests, examinations and finals. Includes all necessary chapters in full as well as key concepts to excel in Economics.